Three-Bay Auto Service
New
For Sale
Contact for pricing
109 Green Street E, Wilson, NC 27893
The building combines automotive service space with a separate area for administrative work.
Property Size1,594 SF
Days on Market5
Property Features for 109 Green Street E
General Information
Standard status
Active
Size
1,594 SF
Property subtype
COMMERCIAL
Additional Details
Service Bays
3
Taxes and HOA fees
Annual Taxes
$1,034
Building Details
Building Size
1,594 SF
Year Built
1956
Listing Agency:
Green Valley Realty
Listed By:
Tracey Barnes · License #287705
(252) 218-6924
Source:
Dustinbennett
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Green Valley Realty
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Investment Insights
Based on property information with market context.
This automotive property contains three service bays described as fully functional, along with office space for administrative tasks. Built in 1956, the building is configured for vehicle service and related office use.
The property is at 109 Green Street E in Wilson, North Carolina, on a corner lot in the downtown area.
The property is at 109 Green Street E in Wilson, North Carolina, on a corner lot in the downtown area.
Key Highlights
- Three service bays
- Administrative office space
- Built in 1956
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,792
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,840
$175.8K
Cap Rate 7%
$125,600
$125.6K
Cap Rate 9%
$97,689
$97.7K
Market Conditions
NOI Build-Up for 1,594 SF
Gross rent
$12.8K $8.04/SF
− Vacancy
−$256 −$0.16/SF
EGI
$12.6K $7.88/SF
− OpEx
−$3.8K −$2.36/SF
NOI
$8.8K $5.52/SF
Area
Wilson County, NC
Vacancy
2.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,840
Cap Rate 7%
$125,600
Cap Rate 9%
$97,689
Alternative Uses
Best Use
Retail
$236.3K
$206.8K – $275.7K
NOI $16,540 @ 7.0% cap · market cap 661.60%
Second Best
Industrial
$125.6K
$109.9K – $146.5K
NOI $8,792 @ 7.0% cap · market cap 351.68%
Theoretical Best
Office A
$382.6K
$334.8K – $446.4K
NOI $26,781 @ 7.0% cap · market cap 1,071.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
9,269 visits/mo
0.3 miles
Family Dollar
Shops & Services
3,874 visits/mo
0.5 miles
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Primo Tires Auto Service — 1009 Goldsboro St S, Wilson, NC 27893
- Earl's Window Tinting Services - Window Tinting Wilson NC — 1011 Goldsboro St S, Wilson, NC 27893
- White's Tire Services — 701 Hines St S, Wilson, NC 27893
- Michelin — 701 Hines St S, Wilson, NC 27893
- White's Tire Services — 740 Goldsboro St SW, Wilson, NC 27893
Frequently Asked Questions
What type of property is this?
Auto shop - The building combines automotive service space with a separate area for administrative work.
Where is this auto shop located?
The property is located at 109 Green Street E Wilson, NC.
What are key features of this property?
This property features: Three service bays; Administrative office space; Built in 1956
